N.A.S.D, AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Miner of the Arbitration Between ~ Name o Wamn C. DeLano TTBB Warren C. DeLano Warren C. & Elaine OeLano 91-04008 Name of RMnondents Prudential Securities Inc Robert Buescher KEFRESKNTATIQN For Claimants Warren C. Delano, TTEE and Wnrren and Elaine Delano ("Claimants") appeaitd Gregory D. Seeiey, Esq. and Carter Dodge, Esq. of Seeley Savidge A Aussem inc^trd in Clevelan

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Wen & James Chin-Ming Chang, Sue-Mei Hwang vs. t 91-04007 Name of Respondents Shearson Lehman Brothers. Inc. Nick Cuneo, Jr. CASE SUMMARY In a claim Filed with the National Association of Securities Dealers, Inc. on December 17. 1991, Wen Chang, Sue Mei Hwang and James Chin-Ming Chang, who appeared Pro Se, alleged

Arbitration N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Marcella Newman Name* of Respondents J4irphy Favre Phillip Kimtrel National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 91-04006 For Claimant: John P. Crowley For Respondent, Murphey Favre: Philip Mortenson, Esq. of

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimantfsl Karla Wright as personal representative for the estate of Karl Hoshor Case No. 91-04005 Name of Respondent(s) Dean Witter Reynolds, Inc. ~ * REPRESENTATION For Claimant, Karla Wright as personal representative for the estate of Karl Hoshor ("Hoshor"): George Fianjola, Esq. of Allen, Dyer, Doppelt r Franjola & Mil

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimantfs) Stanley K. & Roberta M. Saunders 91-04002 Name of Respondent(s) Tucker Anthony Incorporated Hamilton Investments Charles Turner REPRESENTATION For Claimants Stanley K. & Roberta M. Saunders: Anthony Trogan, Esq. of Weisman, Trogan, Young & Schloss, P.C., Birmingham, MI. For Respondent Tucker Anthony, Inc.: Khrishna D

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Name of Claimant(s) Michael D. Myers vs, 91-03998 Kama of Respondent (s) Shearson Lehman Brothers, Inc. Eric A. For Claimant: Craig B. Jorgensen, Esq., Kitvtel & Anderson, Los Angeles, California For Respondents i Robert H. Logan, Esq. and Susan K. Pitre, Esq., Keesal, Young & Logan, Long Boach, California Statement of Claim filed: December 17,

Arbitration N.A.S.D. AWARD NATIONAL ASSOCIATICN OF SECURITIES DEALERS In the Itetter of the Arbitration Between Name of Clai-mants Edmond and Eileen Johnson, etal. vs. NjameofRespandent vanden Catli National Association or Securities Dealers. Inc. 'JASD F ^ancai C-_rn:e r _o '.VhiTensii S^r^f! .New fern. N.Y 'CCG4 -AX < 2'2', S5S-J-ic9 Case* 91-03997 For Claimants, Johnson, Eileen L. Johnson, Timothy E. Johnson

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Shearson Lehman Brothers. Inc. 91-03853 Name of Respondent Michel Lagravere REPRESENTATION For Claimant Shearson Lehman Brothers, Inc. ("Claimant"): Mark Alonso, a sole practitioner. For Respondent Michel Lagravere ("Lagravere"): Alfred Ferrer, HI, of Piper &. Marbury. CASE INFORMATION Statement of Claim filed: December 5,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Teresa Scuderi 91-03851 Name of Respondents Shearson Lehman Brothers, Inc. f/k/a Shearson Lehman Hutton, Inc. Charles W. Kusche. Ill REPRESENTATION Claimant Teresa Scuderi ("Claimant") was represented by: Joseph F. Keenan, Esq. of Bochat and Keenan. Respondent Shearson Lehman Brothers, Inc. ("Shearson") was represented by

, Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Raymond J. Flynn, (Claimant) vs. E*Trade Securities Inc., (Respondent) Case Number: 01-00854 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Raymond J. Flynn, hereinafter referred to as "Claimant", appeared pro se. Respondent, E*Trade Securities Inc., hereinafter referred to as "Respondent": Paul L. Kattas, Esq., Kelley Drye & Warren LLP, Parsippany, NJ.